Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LET'S TOAST from Rixensart, company number BE0740538976, closed financial year 2025 with a result of € 22,188 after tax. For that financial year LET'S TOAST recorded a gross margin of € 66,997 and equity of € -14,572. Compared with financial year 2024, the result moved from € 7,215 to € 22,188. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -14,572
▲ € 22,188 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,188
▲ 208% vs 2024
Profit after tax over the fiscal year.
€ 8,073
▲ 108% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -214,572.
Debts at end 2025
€ 509,277
▼ 8% vs 2024
€ 47,138 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 1,598
▲ 147% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,715 | € 19,951 | € 52,340 | € 66,997 | ▲ 28% |
| Profit after taxes | € -82,045 | € -38,897 | € 7,215 | € 22,188 | ▲ 208% |
| Equity | € -5,077 | € -43,975 | € -36,760 | € -14,572 | ▲ € 22,188 |
| Total debts | € 710,526 | € 690,189 | € 649,627 | € 607,732 | ▼ 6% |
| Cash | € 17,852 | € 2,421 | € 3,880 | € 8,073 | ▲ 108% |
| Land & buildings | € 672,524 | € 630,975 | € 601,575 | € 572,175 | ▼ 5% |
| Retained profit | € -205,077 | € -243,975 | € -236,760 | € -214,572 | ▲ € 22,188 |
| Bank debt | € 646,000 | € 601,195 | € 555,625 | € 509,277 | ▼ 8% |
| Balance sheet total | € 705,449 | € 646,215 | € 612,867 | € 593,160 | ▼ 3% |
Key figures of LET'S TOAST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LET'S TOAST?
What happened at LET'S TOAST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Emmanuël J DUBOIS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 22,188 (▲ 208% vs 2024). Source: NBB ↗
- Emmanuël J DUBOIS became a director. NBB
- New establishment in Somme-Leuze. KBO
- Start of the company according to the CBE. KBO
- THOMAS GRIGNARD became a director. NBB
In short
From € 82,045 loss in 2022 to € 22,188 profit in 2025.
Best year ever: 2025, with € 22,188 profit.
Management
The stake of SOGENTOM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LET'S TOASTBehind LET'S TOAST is THOMAS GRIGNARD. The shares are held by SOGENTOM (46.5%).
Directors
According to the 2025 annual accounts
THOMAS GRIGNARD
Director
since 2019
Emmanuël J DUBOIS
Director
since 2022 · until 2028
Shareholders
46.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Belle Vue 60
1332 Rixensart
Rue de Serinchamps, Hogne 81
5377 Somme-Leuze
Active since 27 December 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0740.538.976
- VAT number
- BE 0740.538.976
- Registered office
- Rue Belle Vue 60, 1332 Rixensart
- Names & denominations
- LET'S TOAST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 2019
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- [email protected]
- Activities · NACE
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